Huntington Bancshares (NASDAQ:HBAN) Updates FY 2027 Earnings Guidance

Key Points

• Huntington Bancshares lowered its FY 2027 earnings outlook to $1.75–$1.83 per share, below the $1.88 consensus estimate. FY 2026 guidance was also updated to $1.52–$1.54 per share.
• The bank reported quarterly EPS of $0.39, in line with expectations, while revenue of $2.86 billion exceeded estimates. It also declared a quarterly dividend of $0.155 per share, equivalent to a 3.7% annualized yield.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $20.24 versus the stock’s $16.75 opening price. Two insiders recently sold shares, while insider ownership stands at 0.67%.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.750-1.830 for the period, compared to the consensus earnings per share estimate of 1.880. The company issued revenue guidance of -. Huntington Bancshares also updated its FY 2026 guidance to 1.520-1.540 EPS.

Huntington Bancshares Trading Down 0.1%

Shares of HBAN opened at $16.75 on Wednesday. The stock has a market capitalization of $33.84 billion, a PE ratio of 12.98, a P/E/G ratio of 0.91 and a beta of 0.92. The company's fifty day moving average is $17.36 and its 200 day moving average is $16.74. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 0.92. Huntington Bancshares has a fifty-two week low of $14.89 and a fifty-two week high of $19.45.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.84 billion. During the same quarter last year, the business earned $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Sell-side analysts expect that Huntington Bancshares will post 1.61 earnings per share for the current fiscal year.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 17th will be issued a $0.155 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.7%. Huntington Bancshares's dividend payout ratio (DPR) is presently 48.06%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Robert W. Baird lifted their price target on Huntington Bancshares from $20.00 to $21.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. JPMorgan Chase & Co. upped their price objective on Huntington Bancshares from $18.50 to $19.50 and gave the company an "overweight" rating in a research report on Monday, July 6th. Wells Fargo & Company assumed coverage on Huntington Bancshares in a research note on Monday, August 17th. They issued an "overweight" rating and a $23.00 price objective for the company. Truist Financial lifted their target price on Huntington Bancshares from $19.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, July 28th. Finally, UBS Group boosted their target price on Huntington Bancshares from $21.00 to $22.00 and gave the company a "buy" rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $20.24.

Insider Activity at Huntington Bancshares

In other Huntington Bancshares news, insider Kendall Kowalski sold 27,971 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $17.20, for a total transaction of $481,101.20. Following the completion of the transaction, the insider owned 70,025 shares in the company, valued at $1,204,430. The trade was a 28.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Marcy Hingst sold 10,568 shares of the company's stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $190,224.00. Following the transaction, the executive vice president directly owned 267,859 shares in the company, valued at approximately $4,821,462. This represents a 3.80% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.67% of the stock is owned by insiders.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses, institutions and government entities.

The company offers consumer and commercial deposit accounts, lending products, mortgage banking, wealth management, investment services, insurance, payment solutions and treasury management. Its lending activities include residential mortgages, auto loans, consumer credit, small-business financing and commercial loans.

Founded in 1866, Huntington serves customers through branches, digital banking channels and business offices across the Midwest and other selected markets.

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